The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement and an alternative to the mainstream theory. In the first and the second sections, the author explains the main influences of Ludwig von Mises and Friedrich August von Hayek's works on...

Nonprofit hospitals and their corporate governance in health care systems of California and Great Britain are shown as an equivalent variant to the legal and economic status of for-profit hospitals. The analysis of legal and economic statuses of nonprofit hospitals in California, Great Britain...

Global business environment is preferably characterized by turbulences as well as by uncertainties and other undeterminable parameters which can hardly be described by routine mathematical tools. At these circumstances corporate management could be likened to ship captain who has to rudder a...